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Why Nvidia stock is ripe for another surge: Investor
cryptocurrency newsNov 18, 2024

Why Nvidia stock is ripe for another surge: Investor

Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, YouTube or wherever you find your favorite podcasts. Nvidia (NVDA) mania is heating up ahead of the market darling’s Wednesday…

I Have $1.6 Million. Does It Make Sense to Convert $160k Per Year to a Roth IRA at Age 62 to Avoid RMDs in Retirement?
cryptocurrency newsNov 18, 2024

I Have $1.6 Million. Does It Make Sense to Convert $160k Per Year to a Roth IRA at Age 62 to Avoid RMDs in Retirement?

Converting your 401(k) to a Roth portfolio will allow you to entirely avoid RMDs. This is a legitimate form of tax planning. However, often there’s a difference between whether you…

A big Wall Street winner from Trump’s bitcoin bump: BlackRock
cryptocurrency newsNov 18, 2024

A big Wall Street winner from Trump’s bitcoin bump: BlackRock

BlackRock CEO Larry Fink was once a “proud skeptic” of bitcoin, but now his money management giant is emerging as one of the biggest beneficiaries of a post-election surge in…

Billionaire Warren Buffett Sold 67% of Berkshire’s Stake in Apple and Is Piling Into a Beloved Consumer Brand Whose Stock Has Soared by 7,000% Since Its IPO
cryptocurrency newsNov 18, 2024

Billionaire Warren Buffett Sold 67% of Berkshire’s Stake in Apple and Is Piling Into a Beloved Consumer Brand Whose Stock Has Soared by 7,000% Since Its IPO

There isn’t a money manager who commands more attention from the investment community than billionaire Warren Buffett. In his nearly six decades as CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B),…

Will Nvidia Soar After Nov. 20? The Evidence is Piling up and it Says This.
cryptocurrency newsNov 18, 2024

Will Nvidia Soar After Nov. 20? The Evidence is Piling up and it Says This.

The S&P 500 is rallying toward a 25% increase this year, and many growth stocks have greatly contributed to the gain. The one that stands out, though, is Nvidia (NASDAQ:…

Bitcoin rebounds from token’s largest retreat since US election
cryptocurrency newsNov 18, 2024

Bitcoin rebounds from token’s largest retreat since US election

(Bloomberg) — Bitcoin (BTC-USD) recovered from its biggest two-day retreat since the US election in choppy trading that reflects shifting assessments of the impact of President-elect Donald Trump’s policy agenda.…

Crypto exchange OKX launches Singapore dollar funds transfer service for local customers
cryptocurrency newsNov 18, 2024

Crypto exchange OKX launches Singapore dollar funds transfer service for local customers

SINGAPORE (Reuters) -Cryptocurrency exchange OKX said on Monday it would offer instant Singapore dollar-denominated deposits and withdrawals to customers in the city-state, taking a step toward deeper integration with Singapore’s…

Asian shares are mixed after Wall Street suffers worst loss since Election Day
cryptocurrency newsNov 18, 2024

Asian shares are mixed after Wall Street suffers worst loss since Election Day

BANGKOK (AP) — Shares started out the week mixed in Asia after U.S. stocks fell to their worst loss since Election Day. Japan’s Nikkei 225 index dropped 1% to 38,255.65…

Nix marital status in iPhone job ads
cryptocurrency newsNov 18, 2024

Nix marital status in iPhone job ads

By Munsif Vengattil, Praveen Paramasivam and Aditya Kalra SRIPERUMBUDUR, India (Reuters) – Apple supplier Foxconn has ordered the hiring agents that help recruit iPhone assembly workers in India to remove…

Goldman Says ‘Go for Gold’ as Central Banks Buy, Fed Cuts in ‘25
cryptocurrency newsNov 18, 2024

Goldman Says ‘Go for Gold’ as Central Banks Buy, Fed Cuts in ‘25

(Bloomberg) — Gold will rally to a record next year on central-bank buying and US interest rate cuts, according to Goldman Sachs Group Inc., which listed the metal among top…

Shares rise ahead of Nvidia results; BOJ’s Ueda offers few rate hints
cryptocurrency newsNov 18, 2024

Shares rise ahead of Nvidia results; BOJ’s Ueda offers few rate hints

By Rae Wee SINGAPORE (Reuters) – Global stocks began the week on firmer footing ahead of a highly anticipated earnings release from Nvidia, while in Japan, a speech from its…

Alibaba aims to raise $5 billion in dual currency bond deal, sources say
cryptocurrency newsNov 18, 2024

Alibaba aims to raise $5 billion in dual currency bond deal, sources say

By Scott Murdoch SYDNEY (Reuters) – Chinese ecommerce giant Alibaba Group is aiming to raise $5 billion in multi-tranche dollar and offshore Chinese yuan bonds, according to two sources with…

Samsung’s Shares Surge After Surprise $7 Billion Buyback Plan
cryptocurrency newsNov 18, 2024

Samsung’s Shares Surge After Surprise $7 Billion Buyback Plan

(Bloomberg) — Samsung Electronics Co. shares surged after South Korea’s biggest company announced a surprise plan to buy back about 10 trillion won ($7.2 billion) of its own stock over…

Asian Stocks Eye Soft Start as Fed Doubts Simmer: Markets Wrap
cryptocurrency newsNov 17, 2024

Asian Stocks Eye Soft Start as Fed Doubts Simmer: Markets Wrap

(Bloomberg) — Most Asian stocks are set to fall early Monday as traders rein in expectations of Federal Reserve easing and come to terms with the cost of President-elect Donald…

Dollar sitting pretty, yen bears wary of BOJ hawks
cryptocurrency newsNov 17, 2024

Dollar sitting pretty, yen bears wary of BOJ hawks

By Wayne Cole SYDNEY (Reuters) – The dollar was looking to extend its bull run on Monday as lofty Treasury yields and a more restrained outlook for U.S. rate cuts…

Truth Social, Late Calls Take Over Economists’ Lives Under Trump
cryptocurrency newsNov 17, 2024

Truth Social, Late Calls Take Over Economists’ Lives Under Trump

(Bloomberg) — Rob Subbaraman is preparing for his second Trump presidency with a new accessory in his economist toolkit: the head of global markets research at Nomura Holdings Inc. has…

“We Will Pass Those Tariff Costs Back To The Consumer,” Says CEO Of AutoZone. Here’s A Look At Other Companies Raising Prices
cryptocurrency newsNov 17, 2024

“We Will Pass Those Tariff Costs Back To The Consumer,” Says CEO Of AutoZone. Here’s A Look At Other Companies Raising Prices

“We Will Pass Those Tariff Costs Back To The Consumer,” Says CEO Of AutoZone. Here’s A Look At Other Companies Raising Prices President-elect Donald Trump’s proposed tariffs have already begun…

1 Billion Reasons to Love Palantir Stock Right Now
cryptocurrency newsNov 17, 2024

1 Billion Reasons to Love Palantir Stock Right Now

A little over 10 years ago, I had a curious encounter on the metro in Washington, D.C., that ended up changing my life. While mindlessly scrolling on my iPhone to…

Philippines launches interest rate swaps market to boost bond liquidity
cryptocurrency newsNov 17, 2024

Philippines launches interest rate swaps market to boost bond liquidity

MANILA (Reuters) – The Philippine central bank announced the launch on Monday of an interest rate swaps market anchored to a newly established benchmark rate to enhance bond market trading…

The Artificial Intelligence (AI) Boom Isn’t Over. 3 AI Stocks to Buy Right Now.
cryptocurrency newsNov 17, 2024

The Artificial Intelligence (AI) Boom Isn’t Over. 3 AI Stocks to Buy Right Now.

The stock market has ridden the excitement for artificial intelligence (AI) to new heights. It’s not all hype; according to McKinsey, AI could add as much as $13 trillion to…

Energy Stocks Have Soared This Year, but, These 3 Still Look Like Great Buys
cryptocurrency newsNov 17, 2024

Energy Stocks Have Soared This Year, but, These 3 Still Look Like Great Buys

The stock market has been roaring this year. Most sectors have rallied, including energy. The average energy stock in the S&P 500 is up more than 10% this year. Despite…

1 Stock to Buy, 1 Stock to Sell This Week: Nvidia, Target
cryptocurrency newsNov 17, 2024

1 Stock to Buy, 1 Stock to Sell This Week: Nvidia, Target

• Fed speakers and Nvidia earnings will be in focus this week. • Nvidia is a buy with another huge beat-and-raise quarter on deck. • Target is a sell amid…

Trump win has economists concerned US economy will fail to make soft landing
cryptocurrency newsNov 17, 2024

Trump win has economists concerned US economy will fail to make soft landing

Investors this year have grown increasingly confident the US economy will achieve a “soft landing.” But the election of Donald Trump as the nation’s next president has complicated the outlook.…

Asset Managers Bet Grid Stocks Will Soar in Trump’s Anti-ESG Era
cryptocurrency newsNov 17, 2024

Asset Managers Bet Grid Stocks Will Soar in Trump’s Anti-ESG Era

(Bloomberg) — After watching wind and solar stocks plummet in the hours after Donald Trump’s election victory, asset managers are zeroing in on a corner of the green transition they…

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